Fitch upgrades Emirates Islamic Bank’s ex-government support ratings to ‘BBB(xgs)’ and ‘F2(xgs)’

Fitch Ratings has upgraded Emirates Islamic Bank PJSC’s (EI) Long-Term Issuer Default Rating (LT IDR) Ex-Government Support (xgs) to ‘BBB(xgs)’ from ‘BBB-(xgs)’ and its Short-Term (ST) IDR (xgs) to ‘F2(xgs)’ from ‘F3(xgs)’.